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EnglandBusinessQuick questions

External environment

Quick questions on The economic cycle, inflation, interest and exchange rates - OCR A-Level Business

2short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.

What is q1?
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State what is likely to happen to demand for luxury goods during a recession. [1 mark]
What is q2?
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Analyse one way a depreciation of the pound could benefit a UK exporter. [6 marks]

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